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Iran's Foreign Minister Blames U.S. for Oil Market Manipulation Amid Geopolitical Tensions

Iran's Foreign Minister accuses U.S. of oil market manipulation and manufacturing military pretexts amid geopolitical escalation.

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Iran's Foreign Minister accused American officials of spreading disinformation to manipulate oil markets, claiming the United States is manufacturing pretexts for military action while ordinary Americans face inflationary consequences. The statement, posted on X (formerly Twitter), reflects escalating rhetoric between Tehran and Washington amid broader Middle East tensions.

The Iranian official asserted that alleged threats of Iranian attacks on the United States are fabrications designed to justify military operations he characterized as Israeli-orchestrated and financed by American taxpayers. He framed the geopolitical conflict as driven by false narratives rather than legitimate security concerns, positioning Iran as a victim of coordinated disinformation campaigns.

The remarks come amid volatile crude oil markets, with the official referencing what he described as the largest oil deficit in history—a claim exceeding the scale of previous major disruptions including the 1973 Arab oil embargo, Iran's 1979 Islamic Revolution, and Iraq's 1990 invasion of Kuwait. Such rhetoric typically precedes cryptocurrency market volatility, as geopolitical uncertainty traditionally drives demand for alternative assets and hedges against currency devaluation.

Source:x.com

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